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    • Banking Competition and Firm-Level Financial Constraints in Latin America 

      Álvarez Espinoza, Roberto; Jara Bertín, Mauricio (Universidad de Chile. Facultad de Economía y Negocios, 2016)
      Prior literature argues that, given the existence of information asymmetries and agency costs, higher competition may increase financial constraints by reducing banks’ incentives to build lending relationships. Using a ...